Penticton Mortgage Rates Update – December 2022
The Canadian Prime Rate Train Stays on Track to Conclude 2022
The featured image above (and caption) tells you what you need to know – the recent series of Bank of Canada prime rate hikes remain on track to wind down 2022. The BoC made their final announcement of 2022 yesterday (December 7), leaving prospective homebuyers wondering is they should wait until 2023 to get a mortgage, or make their move now before the fiscal year comes to a close. Below is a breakdown of what you need to consider before making your decision.